What if material is not return under gst law
Is this period is extendable
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Material return under gst law
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While you can physically return material at any time, you must issue and report the credit note by the 30th of November of the following financial year to legally adjust the GST output tax liability. This statutory deadline is fixed under Section 34(2) of the CGST Act and is not extendable for the purpose of tax adjustment.
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